TERP acquires the training app company InfoGym. We know InfoGym very well as both companies are a part of the Leap tech community outside Haugesund. The transaction gives us a much more robust technical team.
The agreement makes investor Harald Mowinckel Troye one of TERP's largest shareholders. Mowinckel Troye is one of the initiators of the Tripod investor community in Bergen.
The InfoGym agreement gives us access to technology we might otherwise have had to develop ourselves. Besides, the expertise in InfoGym will provide us with more efficient technology development. The potential synergies are significant. Within a year, we expect to get twice as much development out of every dollar invested.